RCKT.AX is trading at $10.28 (-5.43%) as of June 26, driven by a sharp repricing of SpaceX-related exposure and market disappointment regarding SpaceX’s recent IPO performance.
- The ETF continues a significant multi-day decline, falling from a recent high of $12.90 recorded on June 18.
- Investors are actively rotating out of high-valuation growth, space, and AI themes in favor of more defensive sectors.
- The downward pressure reflects a broader shift in sentiment as capital moves away from speculative tech assets toward lower-risk positions.